The fed. Dont listen to what they are saying, just Pay Attention to what they are doing. But now, paul is turning that upside down and taking a different tack. We will talk with him about that coming up. And would you mcbrunch . Mcdonalds issing an ling to get into the brunch business. Yeah. Really. We are not kidding here. Is this the type of move that could turn that stock around finally . It is the underperformer today, the nasdaq is off about four points. S p down one point to 1994. Some of the other signals from financial markets, bill, from the strong dollar to Inflation Expectations to whats happening on the yield kur that have has people talking ahead of that fed meeting next week. Let us talk about all that coming up in our Closing Bell Exchange today. We have heather hughes, Peter Anderson from Congress Wealth management, jim lowell from adviser investment he is and rob morgan from b to b associates. Peter anderson, month of september, meandering here so much, whatted . What
The pentagon and pennsylvania and the world trade center. Its a gloomy sad day. Always will be. Its difficult to talk stocks on a day like today but we have our jobs to do and they dont stop on september 11th. So lets do this. Lets remember what happened that day. Reach out to someone you know who lost a loved one. Tell them youre thinking about them and never forget this tragedy. As far as the stock markets long run even as today was mixed sometimes i wonder if we should try to enjoy the rally while it lasts. When i looked at the screen today with the dow dropping 20 . Nasdaq advancing. 12 i recognize and admit a lot of the good stuff is happening because it costs a little to borough money. Each day that makes something good come true. Today for example they spent 183 million to buy another resort. Park City Mountain in utah. Ski business has been tough lately. Tenants have been dropping. Some down 50 and the earnings of of vail alone werent enough to own the stocks. But if you didnt
S p climbing. Nasdaq falling. I think it says there are plenty of people who want in. They just wanted a pullback like yesterday to throw money at the market. You can average in three days and even after yesterdays beat down come out ahead. Even though there are Larger Forces that would normally indicate this is not the time to commit new money. I am kind of in that camp here especially because i was heartened to hear about a Ukraine Russia pact over energy. The real reason why we rallied so hard. I think this market is not what it once was. The rallies dont inspire confidence anymore. Some say it is better to scale out rather than buy into. There are too many unknowns. This hair trigger does you no favors if you are a bull. Best example, the jump bond ignited by departure of bill gross from the firm he founded, pimco. You dont get to be the bond king by being a bum. When i read the headline william h. Gross joins Janus Capital i said that is not bill gross. It is some other gross by t
Its not good, might be excellent, wait a second, its trading down, lets go over the quarter again, maybe theyll explain things on the call or does the market have it wrong . There. Thats an accurate depiction what you hear behind the scenes during earnings heavy days like this one. Day where the dow gained 62 points, nasdaq climbed 4. 17 . Earnings season, earning season is a mad house and for the one week at the very height of each period right now, its a mad house where the guards have been locked up and the inmates have taken over the asylum. House of pain for 48 weeks out of the year, theres enough time for you to think before you make a judgment. But for four weeks a year where we are overwhelmed with earnings report, this week, you are up against terrible odds and making mistakes is all too easy. So how do you make things better . How do you handle the pressure during the height of earnings season . First thing, you avoid the battlegrounds those are total nowin situations. Right
Draw attention to. We heard a lot about the moment in our interviews and i talked talk about two things briefly, dignity and death. Its really upon us to treat the client as much dignity as possible. Youve got heavy competition from h. And r. Block and liberty taxes because they know how to treat people as customers. Part of the reason people go to h. And r. Block is because they feel so good to be there. So we need to make sure from the moment people enter the door from how the office looks but this is a dignity enhancing moment because in corporations are so profoundly attached to how they are treated when they come in the door. The second, people want to clean up their desk so they can move ahead. They dont know how to. They have ideas about how they should be prioritized. Counseling and help with understanding and what really counts for the credit score would be really thankful. Considering the political incorporation what does it allow people the opportunity to vote is that standa